FinovateFall 2012 / Cachet Financial
Presenter Profile:
How they describe themselves: Cachet Financial Solutions is a leading provider of remote deposit capture (RDC) solutions for financial institutions, credit unions, and service organizations. With our industry-leading platform, Cachet has simplified the process for delivering, implementing and servicing RDC. Cachet offers commercial and consumer solutions for Mac, PC, and Mobile, providing our clients and their customers greater flexibility and freedom.
How they describe their product/innovation: Our Patent-Pending CheckReview Solution is a proprietary technology that helps financial institutions to identify potential check fraud by giving them the ability to view and validate the digital image of the check in real time. In the past, financial institutions could only view a check image after it had been cleared for deposit. By allowing access to the images before clearing, Cachet gives clients greater control in mitigating check fraud.
Contacts:
Press: Manon Ibes, Marketing & Design Coordinator, marketing@cachetfinancial.com
Sales: David Cohen, Director of Sales, dcohen@cachetfinancial.com
Website: www.cachetfinancial.com
Twitter: @CachetFinancial
HQ Location: Minneapolis, MN
Company Founded: February 2010
Product Being Demoed: CheckReview™
Product Launched: September 2012
- Key Executives
Jeffrey C. Mack (President & CEO), Brian Anderson (CFO), Christopher Ebbert (CIO), Larry Blaney (EVP Sales)
Key Stats
- Key Board Members
Michael J. Hanson (President & CEO, Hunt Electric Corp.), James L. Davis (President, Davis & Associates, Inc.), John D. Lane (Founder, Lane Capital Markets, LLC), Mark Anderson (President, Metropolitan Mechanical Contractors, Inc.)
- Key Advisory Board Members
H. Eugene (Gene) Lockhart (Venture Partner, Oak Investment Partners)
- Key Partnerships
Allied Solutions, Catch21, Chexar, CUmobile, FI-Mobile, FPS-Gold, Kony, mFoundry, Mitek, Jaguar, Panini
- Key Customers
With a variety of solutions available, including traditional RDC products as well as a unique mobile to prepaid card loading program, Cachet is fortunate to serve clients from varied industries. This includes banks, credit unions, prepaid card processors, check cashers, and other alternative financial solutions providers.